Challenges to maritime security, especially in choke points like the Red Sea, threaten global trade and present complex, ‘compound security’ issues. These challenges include military threats to navigation that affect energy supplies, economic stability, and efforts to address climate insecurity issues, and especially through energy transition. The United States' Operation Prosperity Guardian seeks to safeguard the waters of the Red Sea and the Bab al Mandeb strait but has had limited success. Current military and diplomatic strategies are inadequate to fully protect these vital economic lifelines, hence the need for a multifaceted "3D+C" approach combining Defense, Diplomacy, Development, and Commercial strategies.
Recent news reports mention the possible bankruptcy of the privately owned company Thames Water (TW) in the United Kingdom, with a history of very high debt repayments, high dividend payouts to shareholders, mismanagement, and underinvestment of capital spending.
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